179-181 Hare Street, Echuca

The ANZ BANK - Echuca.
Trophy Freehold - Investment Opportunity.

ANZ Bank is a publicly listed company which has been an Australian household name since 1977, holding a distinguished position in the global banking landscape.

An Iconic Property and Highly regarded.

Investment Highlights

-Renewed 3 year Lease to October 2026 with Options to 2032
-ANZ ASX top 7 Banking giant with current market cap of $77.41 B
-Gross lease terms with landlord paying all normal outgoings.
-Gross Income $135,000 pa + GST
-Desirable fixed 3% annual rent increases
-Modern 422 sqm freestanding building
-Ground Floor 286 sqm + 4 car parks First Floor 136 sqm
-Land Area 460 sqm 17 m frontage to Hare St
-Recently advised tenant funded upgrade.

Echuca servicing a large trade catchment of circa 60,000 people plus holiday influx

-Potential 50% stamp duty saving
-Property is located within 2 KLM of The new Echuca – Moama Bridge Project a significant $324 million redevelopment completed in 2022


Contracts of Sale available.
Offers Prior Invited.

 

Features

Air Conditioning
Heating
Close to Transport
Close to Shops
Alarm System
Close to Schools
City Views
Carpeted
Disabled Access
Kitchenette
 

For Sale - $2,500,000

4
 

Property Overview

Property ID 1P10262
Property Type Office
Land Size 460m² 17 x27
Building Size 422m²
Frontage 17m
Car Space 4
Condition Near New
Construction Solid Brick
Aspect East
 

Property Tools

 

Attachments

 

Charles L King & Co First National

172 Hare Street,, Echuca, VIC 3564

03 5482 2111

www.clk.com.au